🎉 Rho Index is live
Learn more

Trade funding rates

Hedge funding rate risk

Fix staking rate rewards

on Rho X

Rho is the world’s first crypto-native interest rate derivatives market with a unique product lineup and maximum capital efficiency

Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding
Rho ETH Funding Composite
3.25% p.a.
May-24
funding

Trusted by

The upgrade you didn’t know you needed — until now.

Hybrid Exchange Infrastructure

Instant execution with full control over order execution — while funds are secured on Ethereum

Trade Instantly

Stablecoin Collateral Available (USDT/USDC)

Deposit and trade directly in dollars. No need to hold or hedge BTC/ETH spot, making trading cheaper, simpler and more neutral.

Deposit USDT/USDC

Unified Margin Account

One account for all products in a category. Manage capital with maximum simplicity and speed.

Use Unified Margin

Cross-Margining

All your open positions offset each other, dramatically improving capital efficiency and reducing margin requirements.

Improve Capital Use

Professional-Grade Tools & Interface

Advanced order types, professional dashboard, and a trader-first UI designed for both active and institutional users.

Use Advanced Tools

Pioneering Rates Trading

Explore Rate Trading as a New Asset Class

Access unique leveraged interest rate trading opportunities with Rho X. Explore the opportunities presented by the largest TradFi asset class now available in Web3

Trade Perp Funding with Rho Rate Futures

Master funding rates volatility on Binance, OKX, ByBit, Hyperliquid, and other CEX and DEX. Enhance returns on your perp positions and monetize your market views with

Manage staking & stablecoin rate risk

Trade CESR ETH for staking-linked yield exposure and Aegis YUSD for stablecoin yield, both on Rho X. Align treasury and trading decisions around clear, tradable rate markets.
Rho Vault

For passive yield seekers

Deposit USDC or USDT into the Rho Liquidity Vault and earn from Rho X profits—no active trading, no stress.
Optimize returns with zero directional risk.
Get rewarded from trading and liquidation activities.
No lock-up period. Withdraw your funds whenever you choose.
Join Waitlist
Vault V1 Historical APY
closed
42%
Coming Soon
Vault V2
Deposit & Withdraw Fee
0%

Security Audits

We have successfully completed a smart contract audits with Oxorio and Zokyo, the world’s leading blockchain security firms, specializing in smart contract audits.

Blog

Keep up with the very latest from Rho Protocol
Subscribe to our newsletter